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RES-2005-056 Annual Report from the Workforce Development Board
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RES-2005-056 Annual Report from the Workforce Development Board
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Last modified
6/14/2011 9:29:58 AM
Creation date
10/28/2010 12:12:22 PM
Metadata
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Template:
BOCC
Date
6/23/2005
Meeting Type
Regular Meeting
Document Type
Resolution
Agenda Item
8a
Document Relationships
Agenda - 06-23-2005-8a
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\Board of County Commissioners\BOCC Agendas\2000's\2005\Agenda - 06-23-2005
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~ ~ ~ ~ ~ ,z ~so~ <br />8 ~-- <br />ORANGE COUNTY BOARD OF COMIVIISSIONERS <br />RESOLUTION AUTHORIZING AN APPLICATION FOR COMMUNITY <br />DEVELOPMENT BLOCK GRANT FUNDS <br />WHEREAS, the N.C. Department of Commerce -Division of Community <br />Assistance announced the availability of approximately $300,000 in Small Cities <br />Community Development Block Grant (CDBG) Program funds for the purpose of <br />establishing Individual Development Account (IDA) Programs to first-time homebuyers <br />with incomes below 80% of the area median income; and <br />WHEREAS, an application for funding must be sent to the Division of <br />Community Assistance in order to receive the funds; and <br />WHEREAS, Individual Development Accounts are dedicated savings accounts to <br />be used for homeownership only; and <br />WHEREAS, the Women's Center has operated the IDA Program in the County <br />Program and has expressed an interest in administering this program utilizing CDBG <br />funds; and <br />WHEREAS, the grant funds will be used to match participant savings by a 1:1 <br />ratio for a total of twenty (20) families and to provide housing services including <br />education and outreach services; <br />NOW, THEREFORE BE IT RESOLVED by the Orange County Board of <br />Commissioners, that an application for FY 2005 Community Development Block Grant <br />funds for the Individual Development Account Program under the North Carolina Small <br />Cities CDBG Program is hereby authorized. The amount of the request will be $50,000. <br />The application will be submitted on or about July 15, 2005. <br />FURTHER, the Orange County Board of Commissioners authorizes the Chair of <br />the Board to sign the application document on the County's behalf. <br />This the 23rd day of June 2005. <br />Moses Carey, Jr., Cha' <br />Board of County Co iss oners <br />
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